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Shah AlloysBOM:513436 -1.75%53 Quick Ratio is 0.28 as of Mar. 2026, which is 250% above its 10-year median of 0.08. GuruFocus rates BOM:513436 with a GF Score™ of 53/100 and a GF Value™ of ₹4.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 634 Steel companies, Shah Alloys ranks worse than 91.48% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Shah Alloys's quick ratio for the quarter that ended in Mar. 2026 was 0.28.
Shah Alloys has a quick ratio of 0.28. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Shah Alloys's Quick Ratio or its related term are showing as below:
BOM:513436'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.28
Current: 0.28
During the past 13 years, Shah Alloys's highest Quick Ratio was 0.28. The lowest was 0.02. And the median was 0.08.
BOM:513436's Quick Ratio is ranked worse than 91.48% of 634
companies
in the Steel industry
Industry Median: 1.02
vs BOM:513436: 0.28
Shah Alloys (BOM:513436) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Shah Alloys Quick Ratio Related Terms
Shah Alloys Quick Ratio Historical Data
* Premium members only.
The historical data trend for Shah Alloys's Quick Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:513436 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Shah Alloys's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shah Alloys Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Alloys's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shah Alloys's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Shah Alloys's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shah Alloys (BOM:513436) has a Quick Ratio of 0.28 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shah Alloys and its competitors. This is 250% above median its historical median of 0.08. Over the past decade, Shah Alloys' Quick Ratio has ranged from 0.02 to 0.28. According to the industry distribution chart, Shah Alloys ranks #580 out of 634 companies in the Steel industry, placing it in the top 91.5%.
Is Shah Alloys' Quick Ratio too high?
Shah Alloys' current Quick Ratio of 0.28 is 250% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.28. The Steel industry median Quick Ratio is 1.02. Shah Alloys' value of 0.28 is 72.5% below this industry median. Based on the distribution chart, Shah Alloys ranks #580 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shah Alloys has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Alloys' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Alloys ranks #580 out of 634 companies for Quick Ratio. This places Shah Alloys in the lower half of its industry. The industry median Quick Ratio is 1.02. Shah Alloys' value of 0.28 is 72.5% below this benchmark. Historically, Shah Alloys' own Quick Ratio has ranged from 0.02 to 0.28 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.02, Shah Alloys has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shah Alloys's current Quick Ratio of 0.28 is 72.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shah Alloys and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Alloys's current Quick Ratio is 0.28, which is 250% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Alloys stock overvalued right now?
Based on GuruFocus' analysis, Shah Alloys (BOM:513436) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.92, compared to a current price of ₹72.02 — trading 1363.8% above its estimated fair value. The current Quick Ratio is 0.28, which is 250% above median its 10-year median of 0.08 and 72.5% below the Steel industry median of 1.02. Shah Alloys' overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Shah Alloys (BOM:513436), the current Quick Ratio is 0.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shah Alloys (BOM:513436) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Alloys stock appears to be overvalued.
The current stock price of ₹72.02 is trading 1363.8% above its estimated GF Value™ of ₹4.92.
GuruFocus considers Shah Alloys to be Significantly Overvalued.
Key valuation signals for BOM:513436:
Quick Ratio: 0.28 (250% above median its 10-year median of 0.08)
GF Value™: ₹4.92 vs. price of ₹72.02 (1363.8% above fair value)
Industry Position: 72.5% below the Steel median (#580 of 634)
No single metric tells the full story. See the BOM:513436 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in the manufacturing of Stainless steel, alloy special steel, Carbon/mild steel, and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products, which include Bars, Beams, Flat Plate coil, Slab, and Billets.
53GF Score
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